Let’s Get Results!

Practical Prosperity for Business

We all want to see results from the efforts we put forth.  We want to know if all the saving we have done over the years has made our bank account larger, or if the healthy lifestyle we have been living is making our clothes fit better and our energy level increase.  As business owners,… Read More

Building the Right Team

Practical Prosperity for Business

Team is defined by Merriam-Webster as a group of people who work together.  To make it a great team you need to be sure that the group of RIGHT people are excited about heading in the same direction.  When I think of building the right team, I always think about the book Animals Inc.  This… Read More

Tax Time Starts Now!

Fall is the time to think of the leaves changing, the weather turning cooler, and…taxes.  While the 2016 individual tax deadline is not until April 15th, there are things that you should consider now that are just as important than that dreaded deadline.  Individuals file their taxes on a cash basis, which means that most… Read More

Business or Pleasure?

Practical Prosperity for Business

We all work hard to earn a dollar, but working hard can payoff when it comes to travel.  Have you ever been lucky enough to have a conference in Hawaii?  Ever wondered if you could add extra days to be able to tour the beautiful area and still have it be considered a business trip? … Read More

Bookkeeper, An Important Team Member!

Practical Prosperity for Business

Bookkeeping is not as simple as it sounds.  It is a skill that requires thought and accuracy.  A good bookkeeper makes it easy to review and analyze information; a bad bookkeeper will leave your books in disarray and lead to bad business decisions.  The saying goes, “Garbage In, Garbage Out.” Below are 5 traits that… Read More

The Importance of the Balance Sheet

Practical Prosperity for Business

There is Top Line Terry and Bottom Line Larry, but there are other “players” needed to make a business successful.  The income statement is important for monitoring and finding ways to improve, but if your balance sheet is out of whack, your income statement may be unreliable.  The balance sheet shows how much money you… Read More

Cash is King

Practical Prosperity for Business

“Cash is King” is an expression that is widely used in analyzing businesses. Why is it something that you, as a business owner, need to manage? Well, without cash you could not do the things required to stay in business, for example, purchase inventory or pay your employees. A lot of business owners only concentrate… Read More

Am I Growing?

Practical Prosperity for Business

“If you’re not growing, you’re dying.” The first time I heard this phrase I was fresh out of college, and I knew EVERYTHING. I did not like this phrase. I felt that I had done all of my growing and I was ready to put my knowledge to use. Boy was I wrong! I now… Read More

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Do I need to Issue Form 1099-MISC in January 2012?

The question of issuing 1099-MISC is something I get in January of every year. With this being a topic of discussion with the IRS I can see why people are confused. Per the 2012 instructions for Form Por puede! Su los. El programa de espia para mac GoPro de programa espia samsung galaxy s3 Intel… Read More